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MN SENATE COMMITTEE TIGHTENS BELT ON TWINS STADIUM FINANCING

          The MN Senate Committee on Local and Metropolitan
     Government said yesterday that "it's OK to build a new
     stadium for the Twins -- just don't use any public money,"
     according to Robert Whereatt of the Minneapolis STAR
     TRIBUNE.  The committee amended the current stadium bill,
     calling on Twins Owner Carl Pohlad to contribute $50M to the
     ballpark, instead of the originally negotiated contribution
     of $15M.  Minneapolis was also dropped as the "preferred
     site" for the ballpark, allowing other cities to bid, and
     all tax increases, including ticket taxes, a new lottery
     game and a cigarette tax increase were deleted from the
     bill.  The STAR TRIBUNE's Whereatt: "If that language is
     interpreted broadly ... every conceivable public revenue
     source at the state level, and even city and county taxes,
     could not be used for a stadium."  Bob Pohlad, son of Carl,
     said without public financing, revenue from the ballpark
     "would have to be earmarked for construction, leaving the
     team" with no operating funds.  The bill now goes to the
     State Senate Tax Committee (Minneapolis STAR TRIBUNE, 3/25).

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